Graph down income arrow by The_Creador via Shutterstock Unity Software (U) shares plummeted nearly 30% on Wednesday after the game software specialist posted a market-beating Q4 but issued downbeat guidance for the current quarter. The post-earnings plunge pushed U’s relative strength index (14-day) down to about 26, signaling deeply oversold conditions that often trigger a relief rally. Still, in...
Graph down income arrow by The_Creador via Shutterstock Unity Software (U) shares plummeted nearly 30% on Wednesday after the game software specialist posted a market-beating Q4 but issued downbeat guidance for the current quarter. The post-earnings plunge pushed U’s relative strength index (14-day) down to about 26, signaling deeply oversold conditions that often trigger a relief rally. Still, investors are cautioned against buying the dip in Unity stock that’s now down more than 50% versus its year-to-date high. Margin Profile Warrants Selling Unity Stock U stock remains unattractive because a material $89 million net loss in the fourth quarter indicates the company is finding it hard to control its operating costs despite multiple rounds of layoffs. The NYSE-listed firm has seen its free cash flow margin crash from 32.1% to 23.6%, reinforcing concerns about its ability to achieve sustainable profitability in 2026. Moreover, rising competition from entrenched ad-tech rivals like AppLovin (APP) could make it even more challenging for Unity Software to stage a comeback this year. Note that Unity is trading firmly below its major moving averages (MAs), which further confirms that bears will likely remain in control in the near term. Why U Shares Remain a High-Risk Proposition Investors are warned against investing in Unity shares amid the ongoing SaaS-pocalypse, especially after the recent launch of “ Project Genie ” from Alphabet's (GOOG) (GOOGL) Google. This powerful tool can generate interactive 3D worlds directly from text or images, which threatens U’s core value proposition as the go-to platform for real-time 3D content creation. Investors fear that accessible AI-driven alternative could erode Unity Software’s competitive edge, especially since the company is already struggling with high costs and profitability. Meanwhile, U is still trading at a stretched forward price-to-earnings (P/E) ratio of nearly 260x, which dwarfs the multiple even compared to the likes...
Noko LTD/E+ via Getty Images The last time I spoke about KalVista Pharmaceuticals, Inc. ( KALV ), it was with respect to a Seeking Alpha article entitled " KalVista: FDA Approval Of EKTERLY As Oral On-Demand HAE Drug Is Just Beginning . " With respect to this article, I went over the fact that this company had received FDA approval of its drug EKTERLY (sebetralstat) as a plasma kallikrein inhibito...
Noko LTD/E+ via Getty Images The last time I spoke about KalVista Pharmaceuticals, Inc. ( KALV ), it was with respect to a Seeking Alpha article entitled " KalVista: FDA Approval Of EKTERLY As Oral On-Demand HAE Drug Is Just Beginning . " With respect to this article, I went over the fact that this company had received FDA approval of its drug EKTERLY (sebetralstat) as a plasma kallikrein inhibitor as the first and only oral Hereditary Angioedema (HAE) on-demand treatment to help these patients with their attacks. Specifically, the FDA approved this drug as an oral on-demand HAE therapy for adults and pediatric patients ages 12 and older. As an update, with the drug launching on July 7, 2025, unaudited global revenues of EKTERLY in Q4 and full-year 2025 were $35 million and $49 million, respectively. Another commercial launch that occurred for this drug was in Germany as well, where prescription demand is matching that of the U.S. market launch. However, the company has been able to make significant progress in terms of what it has obtained regulatory approvals for with this on-demand oral HAE drug. In 2025, it also obtained approvals in several other territories like the United Kingdom, the European Union, Switzerland, Australia, Singapore, and Japan. Thus, the point is that launching the drug in several of these territories should help. On the other hand, the main reason why I want to go over this company again is because there is a significant market expansion opportunity, particularly in the United States. It wants to make a huge breakthrough in being able to offer an oral disintegrating tablet (ODT) of sebetralstat as an oral on-demand HAE attack therapy for pediatric patients ages 2 to 11. To this end, it is in the process of running the phase 3 trial known as KONFIDENT-KID. If all goes well with this trial, the company is expected to be able to file a New Drug Application (NDA) of sebetralstat to expand the HAE patient population in Q3 of 2026. This would end...
習近平指支持廣大科研人員產出更多原創性成果 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中共總書記、國家主席、中央軍委主席習近平對國家自然科學基金委員會工作作出重要指示，指希望科研人員產出更多原創性成果。 習近...
習近平指支持廣大科研人員產出更多原創性成果 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】中共總書記、國家主席、中央軍委主席習近平對國家自然科學基金委員會工作作出重要指示，指希望科研人員產出更多原創性成果。 習近平指委員會成立40年來在推動基礎研究、培養創新人才等方面發揮了積極作用，強調希望強化基礎研究戰略性、前瞻性、體系化布局，進一步完善資助體系，營造良好科研生態，拓展國際合作空間，又支持廣大科研人員產出更多原創性成果，為推動高水平科技自立自強、建設科技強國作出更大貢獻。
One of the British woman who testified against Epstein's accomplice Ghislaine Maxwell - who is known as Kate - was listed as having been on more than 10 flights paid for by Epstein in and out of the UK between 1999 and 2006.
One of the British woman who testified against Epstein's accomplice Ghislaine Maxwell - who is known as Kate - was listed as having been on more than 10 flights paid for by Epstein in and out of the UK between 1999 and 2006.
中電河套區新設三個變電站 採地底電纜設計 減低惡劣天氣等外來影響 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】為配合北都發展，中電在河套區新設三個變電站，應付北都發展和未來用電需求。 河套西變電站連同其餘兩個新...
中電河套區新設三個變電站 採地底電纜設計 減低惡劣天氣等外來影響 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】為配合北都發展，中電在河套區新設三個變電站，應付北都發展和未來用電需求。 河套西變電站連同其餘兩個新變電站，為港深創科園、落馬洲河套區等供電。中電指，目前北都區內的變電站足夠提供4至5個科學園的用電量，以應付港深創科園未來10年的電力需求。變電站採用地底電纜設計，提高供電穩定性。 中電輸電及供電業務部北區總監劉浩然：「地底電纜可以對於外來影響例如惡劣天氣可以減低，可以維持高供電可靠性。我們亦在電網設計花了不少心思，例如在供電點亦都有不同備用電源，縱使有事故真的出現，我們電力是不會受到影響。」
Aaron Jagdfeld, Chairman, President and CEO of Generac, joins Bloomberg Businessweek Daily to discuss their recent earnings, the state of manufacturing in America, and US trade policy impact. Jagfeld attributed their earnings primarily to significantly reduced outage activity in the latter half of 2025. Jagfeld explained that the residential segment, which includes portable and standby generators,...
Aaron Jagdfeld, Chairman, President and CEO of Generac, joins Bloomberg Businessweek Daily to discuss their recent earnings, the state of manufacturing in America, and US trade policy impact. Jagfeld attributed their earnings primarily to significantly reduced outage activity in the latter half of 2025. Jagfeld explained that the residential segment, which includes portable and standby generators, is heavily influenced by weather conditions, with outage hours in the back half of the year down 90% compared to the previous year. Looking ahead to 2025, Jagfeld expressed confidence in mid-teens growth, anticipating a return to more typical outage patterns and citing early-year weather events as a positive sign. He also emphasized the resilience of consumer demand for Generac's products, noting that power outages tend to make generators a priority purchase regardless of broader economic concerns. (Source: Bloomberg)
JHVEPhoto/iStock Editorial via Getty Images Introduction For the past three years, Shopify Inc. ( SHOP ) has been a net outperformer of the S&P 500 index ( SP500 ) ( SPX ). Dips in its share price were historically great buying opportunities. We could now have such an opportunity on our hands, with the stock being down almost 40% from its highs. Data by YCharts Shopify reported their Q4 2025 and F...
JHVEPhoto/iStock Editorial via Getty Images Introduction For the past three years, Shopify Inc. ( SHOP ) has been a net outperformer of the S&P 500 index ( SP500 ) ( SPX ). Dips in its share price were historically great buying opportunities. We could now have such an opportunity on our hands, with the stock being down almost 40% from its highs. Data by YCharts Shopify reported their Q4 2025 and FY 2025 financials today, which is a great starting point to analyze current performance and longer-term trends. Financials Shopify delivered yet another solid quarter . Q4 2025 delivered GMV of $123.84B, up 31.1% YoY and ahead of the $119.96B consensus by $3.88B. revenue of $3.67B, up 30.6% YoY and ahead of the $3.59B consensus by $82M. MRR was $205M, growing 15.2% YoY and ahead of the $199.05M consensus by $5.95M. Operating income reached $631M, up 35.7% YoY. Free cash flow of $715M, up 17.0% YoY, showing margin declines. SHOP IR I do like most of the developments in this report, other than gross and free cash flow margins, as the former dropped from 48% to 46% and the latter from 22% to 19% for the quarter. In fact, gross margins have been in structural decline since 2016, though levels are not crashing but just slowly dropping at a CAGR of -1.2%. The 10-K mentioned the following about this development: As a result of the continued growth of Shopify Payments, referral fees, other transaction services and other services rendered as part of strategic partnerships and Shopify Capital, our revenues from merchant solutions have increased. Merchant solutions are intended to complement subscription solutions by providing additional value to our merchants and increasing their use of our platform. Gross profit margins on Shopify Payments, the biggest driver of merchant solutions revenue, are typically lower than on subscription solutions due to the associated third-party costs of providing this solution. We view this revenue stream as beneficial to our operating margins, as Shopif...
Real Estate Services Stocks Crash In Latest "AI Scare Trade" FIrst it was SaaS ( in particular, and Software in general ), then Private Credit , then Insurance Brokers , then it was financials/brokers that were hammered yesterday... and today's it's the turn of real estate service stocks to tumble as investors followed the bouncing AI disruption ball and freaked out over the sector’s vulnerability...
Real Estate Services Stocks Crash In Latest "AI Scare Trade" FIrst it was SaaS ( in particular, and Software in general ), then Private Credit , then Insurance Brokers , then it was financials/brokers that were hammered yesterday... and today's it's the turn of real estate service stocks to tumble as investors followed the bouncing AI disruption ball and freaked out over the sector’s vulnerability to the newest crop of artificial intelligence applications and tools that can disrupt countless industries. As the latest daily AI scare - this time focusing on real estate - hit the market, shares of CBRE Group Inc. plunged as much as 15%, Jones Lang LaSalle Inc. slid 13% and Cushman & Wakefield Ltd. fell 15%. For all three firms, the moves mark the biggest drop since March 2020 in the midst of the Covid-driven market selloff. “We believe investors are rotating out of high-fee, labor-intensive business models viewed as potentially vulnerable to AI-driven disruption,” Keefe, Bruyette & Woods analyst Jade Rahmani writes in a note on Wednesday adding that the selloff is “due to ‘AI Scare Trade’,” the analyst wrote. Still, the analyst also noted that "while the threat of technology disintermediation is not new to the industry" the current sell-off "may overstate the immediate risk to complex deal-making, even as the long-term AI impact remains a ‘wait-and-see’." According to Goldman trader Christian deGrasse "while rates are up modestly post NFPs, price action in lower rated sensitive sectors (CRE Brokers; Mortgage originators & brokerages) are suggesting a more dramatic shift in positioning here ." The group is the latest to get caught up in what Rahmani calls the “AI scare trade,” after investors rushed to dump shares of software firms, private credit companies, wealth managers and insurance brokers within the span of just over a week. The fears emerged last week after AI startup Anthropic released tools aimed at automating work tasks in areas ranging from legal services to...
Donald Trump has said that he is still seeking a deal with Iran to prevent it from seeking a nuclear weapon following a three-hour meeting with Benjamin Netanyahu in which the Israeli leader was expected to advocate for a more forceful intervention by the US military. Netanyahu’s sixth visit to the White House since Trump returned to office ended without any public remarks between the two leaders....
Donald Trump has said that he is still seeking a deal with Iran to prevent it from seeking a nuclear weapon following a three-hour meeting with Benjamin Netanyahu in which the Israeli leader was expected to advocate for a more forceful intervention by the US military. Netanyahu’s sixth visit to the White House since Trump returned to office ended without any public remarks between the two leaders. The results of the hastily arranged meeting were announced by Trump in an online post. “There was nothing definitive reached other than I insisted that negotiations with Iran continue to see whether or not a Deal can be consummated,” Trump wrote in a post on Truth Social. “If it can, I let the Prime Minister know that will be a preference. If it cannot, we will just have to see what the outcome will be.” The US has massed forces in the Middle East threatening a major strike against Iran’s nuclear programme, as well as its leadership and military, as the White House has sought new concessions over the country’s nuclear program. Trump this week said he was considering sending another aircraft carrier to the region to join the USS Abraham Lincoln. But Israel has called for Iran to also limit its ballistic missile program and cut support for regional allies including Hamas in Gaza and Lebanon’s Hezbollah. Netanyahu’s office before the trip had said that he “believes that any negotiations must include limiting ballistic missiles and ending support for the Iranian axis”. Senior US and Iranian envoys met last week in Oman for talks that only addressed Iran’s nuclear program, as Tehran has said that its ballistic missile program and support for regional allies were not under discussion. The two leaders are allies but occasionally their mutual frustration with one another has spilled into public, as Israel has sought greater US support in numerous conflicts in the region. In his online post, Trump suggested that he was restraining Netanyahu but also said that further strikes could ...
Meta Platforms (META) ended 2025 on a high note. The business is evolving beyond social media by investing extensively in artificial intelligence (AI), infrastructure, and new products that will strengthen its competitive position for years to come. With strong user growth, improving ad performance, and ambitious AI plans taking shape, is it a good time to buy META stock now? Meta Platforms' Core ...
Meta Platforms (META) ended 2025 on a high note. The business is evolving beyond social media by investing extensively in artificial intelligence (AI), infrastructure, and new products that will strengthen its competitive position for years to come. With strong user growth, improving ad performance, and ambitious AI plans taking shape, is it a good time to buy META stock now? Meta Platforms' Core Business Is Going Strong Meta Platforms' core advertising business, via its Family of Apps segment, remained strong in the fourth quarter. Total revenue reached $59.9 billion, up 24% year-over-year (YOY), while Family of Apps revenue increased 25% YOY to $58.9 billion. Advertising revenue increased by 24% to $58.1 billion, thanks to an 18% rise in ad impressions, which were primarily driven by improved ad performance and advertiser demand. The Reality Labs segment still remains a drag, with revenue declining 12% YOY to $955 million, with an operating loss of $6 billion due to prior-year product launch comparisons and timing of headset procurement. Meta predicts Reality Labs' losses in 2026 to be similar to those in 2025, indicating a peak before a steady turnaround. The company views AI glasses as a major long-term opportunity. Sales of its glasses more than tripled in 2025, making them among the fastest-growing consumer electronics products. EPS increased 11% YOY to $8.88 per share in Q4. For the full year, revenue rose 22% to $200.9 billion but EPS dipped 2% to $23.49. Capital expenditures totaled $22.1 billion, which reflected investments in data centers and infrastructure. Nonetheless, the company generated $14.1 billion in free cash flow and ended the quarter with $81.6 billion in cash and marketable securities, alongside $58.7 billion in debt. Meta With a New Moat Having a moat in business refers to a long-term advantage over competitors that makes it difficult for others to steal customers or profits. Meta's new moat is more than just one product or feature. In fact,...